Thread by @VohiCapital

The beginning of an expiry series is a good time to sell options.

#OptionsTrading

When you sell options, you want to profit from erosion of option extrinsic value.

This is the highest, the further away you are from expiration.

#OptionsTrading

Instead if you want to profit from a move in the underlying price, you simply buy or sell the underlying.

Or buy the option with high intrinsic value and low extrinsic value.

A lot of option buyers will prefer to buy a 60-70 delta option for trend following.

#OptionsTrading